Vietnam attends IFAD’s 41st session on rural development investment

Wednesday, February 14, 2018 | 16:03:52

(VOVWORLD) - Heads-of-state, ministers and government representatives gathered for the opening of the 41st session of the Governing Council of the International Fund for Agricultural Development (IFAD) in Rome on Tuesday.

(Photo: Ngu Binh/VNA)

The annual session was themed “From fragility to long-term resilience: investing in sustainable rural economies.” IFAD President Gilbert F. Houngbo stressed the need to invest in long-term rural development for a more stable and prosperous world. Participants discussed ways to sustainably invest in rural areas. Amid rising poverty due to conflicts and climate change, participants set a target for an IFAD’s lending and non-refundable aid worth 3.5 billion USD to help rural people in developing countries around the world.

A Vietnamese 3-member delegation was led by Hoang Hai, Deputy Director of Debt Management and External Finance, at the Ministry of Finance.